Articles about Maxtor


Seagate kisses Maxtor goodwill goodbye

In a telling move, Seagate is writing off $2.3bn goodwill from its Maxtor acquisition and other intangible items. Maxtor was purchased for $1.9bn in May, 2006, so Seagate is writing the entire acquisition value off and a bit more besides. There will be a $2.3bn non-cash charge for the second quarter results this financial year …
Chris Mellor, 03 Feb 2009
homeless man with sign

Seagate swallows Maxtor

In brief The largest hard drive vendor has just got larger. Seagate has completed its merger with smaller rival Maxtor, after shareholders agreement yesterday. The deal, announced last December, values Maxtor at around $2bn. Maxtor lost $102m on revenue of $881m in the first three months of this year, which means revenues are 17 per …
Andrew Orlowski, 18 May 2006

Seagate preserves Maxtor brand for channel freshness

Seagate has begun selling Maxtor-branded desktop and notebook PC hard drives through its distribution network worldwide. Today's launch sees a refresh of the Maxtor DiamondMax 3.6in hard drive line for desktops, which maxes out at up to 320GB. The new Maxtor MobileMax drives have capacities up to 80GB and a 5400-RPM spin speed …
Drew Cullen, 02 Oct 2006

Kaspersky: Maxtor markets password-pilfering Dutch disk drives

Security mavens from Kaspersky say they have discovered a nasty virus that came pre-installed on Maxtor external hard drives sold in the Netherlands. The virus, dubbed Virus.Win32.AutoRun.ah, was found on the Maxtor 3200 Personal Storage, according to this press release from Kaspersky (translated from Dutch to English courtesy …
Dan Goodin, 19 Sep 2007

Maxtor narrows loss

Hard drive maker Maxtor's losing streak continued into Q1 FY2005. For the three months to 2 April 2005, the company recorded revenue of $1.07bn, up 3.9 per cent from Q4 FY2004's $1.03bn and 4.9 per cent up on the year-ago quarter's $1.02bn. Last time around, Maxtor posted a net income of $8.9m (three cents a share), rather …
Tony Smith, 05 May 2005
Flag China

Chinese Trojan on Maxtor HDDs spooks Taiwan

Confirmation that a Maxtor hard disk drive was infected with a Trojan by a manufacturing sub-contractor in China is spooking Taiwanese authorities, one of the countries where examples of the infected kit have begun to appear. As first reported by El Reg in September a pre-installed Trojan named AutoRun-AH was discovered by …
John Leyden, 12 Nov 2007

Seagate lifts Maxtor max capacities

Seagate has upped the storage capacity offered by its Maxtor Shared Storage II and OneTouch III external hard drive product line-ups, increasing the maximum unformatted data space provided by them to 1TB and 1.5TB, respectively. The OneTouch III Turbo Edition is now available with 1.5TB in addition to the 1TB model already …
Tony Smith, 12 Oct 2006

Maxtor's revolving door brings in new Prez and COO

Maxtor continued today its executive shuffle, naming a new president and COO just two days after its former president and CEO resigned. Michael Wingert, former CEO of Cornice, has been tapped as Maxtor's new Prez and COO. He is taking over the president role from Paul Tufano who unexpectedly resigned earlier this week. Tufano …
Ashlee Vance, 17 Nov 2004
hands waving dollar bills in the air

Maxtor back in the black

Maxtor today reported quarterly income of $9.4m (four cents a share) on sales of $925m, marking a return to profitability for the hard disk maker. Q2 FY2005 revenues were up 13.1 per cent year on year, from $818m in the year ago, but down 13.6 per cent on the previous quarter's $10.7bn. Despite the higher revenue in Q1, Maxtor …
Tony Smith, 29 Jul 2005

Seagate to buy Maxtor

Seagate its to acquire rival hard disk drive maker Maxtor the two companies announced today, in a stock-swap valued at $1.9bn. If shareholders and regulators back the deal, Seagate will offer 0.37 of its own shares for every Maxtor share issued, splitting the merged business 84:16 between Seagate and Maxtor shareholders. The …
Tony Smith, 21 Dec 2005
The Register breaking news

Maxtor's 60GB drive ships in volume

Maxtor's DiamondMax Plus 60 hard-drive is now shipping in volume worldwide. Samples of the new drive are with Maxtor's OEM partners and testing is underway. The Plus 60 runs at 7200 rpm and has 20GB per platter capacity. Maxtor says it is the only company shipping a 60GB hard-drive on three disks at the moment. IDC says that …
Lucy Sherriff, 10 Nov 2000

Maxtor loss balloons on job cuts, falling ASPs

Maxtor, like Seagate, saw revenue rise above its expectations during its most recently completed fiscal quarter, its third, but unlike its rival better-than-anticipated sales proved insufficient to lift it out of the red. For the three months to 25 September 2004, Maxtor achieved sales of $927.2m, down 13 per cent on the same …
Tony Smith, 21 Oct 2004
server room

Maxtor cans notebook HDD project

Maxtor has abandoned plans to offer 2.5in hard drives - essentially turning its back on the growing notebook market - the HDD maker said yesterday The company's NYSE-traded shares fell 4.4 per cent to close at $4.36 on the news. The 2.5in drive family was to have shipped later this year. Killing the project will cost. Maxtor …
Tony Smith, 25 Jan 2005
The Register breaking news

Maxtor Maxes on Max Services

Maxtor is bringing all its customer care ops under a new global brand called MaxServices. The hard drive maker is making big claims for the regrouping, which unite the activities "under One Standard of Excellence". MaxService incorporates 24x7 phone and online user support; in-country RMA replacement programmes for register …
Drew Cullen, 28 Jul 2003
server room

Maxtor ups desktop, enterprise HDD warranty periods

Hard drive maker Maxtor has followed rival manufacturer Seagate and upped the duration of the warranty it offers for enterprise-class drives. The company also increased the warranty period for internal desktop PC drives to three years. In some territories, that's already the warranty duration for these products - in others it's …
Tony Smith, 18 Nov 2004
The Register breaking news

Maxtor issues profit warning

The hard drive price war has taken its toll on Maxtor, which says it will not meet market expectations. The company, part-owned by Hyunda, blames significant price deterioration this quarter for the profits warning. It now expects to report a loss of between $23 million and $33 million for the quarter ending on the 3rd of July. …
Lucy Sherriff, 15 Jun 1999
The Register breaking news

Mad Maxtor makes 80GB hard drive

Maxtor has stacked four 20GB platters in one drive to produce what it claims is an industry first - an 80GB hard drive for the desktop. The new drive is part of the DiamondMax range, and runs at 5400rpm, allowing data transfer rates of 100MBps. Maxtor says that the drive will be ideal for applications that need high capacity …
Lucy Sherriff, 18 Jul 2000
The Register breaking news

Maxtor promises ‘OneTouch’ back up

Maxtor today makes the bold claim that it has revolutionised the external hard drive - thanks to a magic button. OK, we added the magic bit, but the gist is that Maxtor has added a "OneTouch" button on its new Personal Storage 5000 family of external hard drives. Press it for instant copying and/or back up. Sounds like a neat …
Drew Cullen, 08 Oct 2002
server room

Forged Maxtor HDDs turn up in Japan

Fake 320GB Maxtor hard drives have surfaced in Japanese retail channels, the storage company confirmed this weekend. The dodgy drives were spotted on sale in Tokyo's Akihabara district, offered as Maxtor MaXLine II product. The units purport to be model number SA320J0, a 5400rpm, 3.5in product aimed at OEMs rather than retail …
Tony Smith, 07 Mar 2005
The Register breaking news

Maxtor brings out 133MBps hard drive interface

Maxtor has announced the release of the Ultra ATA/133 - the next generation of its hard drive interface. Maxtor is calling the technology Fast Drives and says it boosts data transfer rates between the computer and the hard drive up to 133MBps - one-third faster than its Ultra ATA/100 technology. Ultra ATA/133 is backward …
Robert Blincoe, 31 Jul 2001
SGI logo hardware close-up

Maxtor boosts SATA HDD cache to 16MB

Maxtor took its 7200rpm Serial ATA hard drive range to 300GB this week, rolling out two new models with big on-board cache buffers. Both new DiamondMax 10 drives sport 16MB of cache, and support native command queuing (NCQ) to boost data throughput. The extra cache ensures more data can be made ready for fast transmission to …
Tony Smith, 17 Aug 2004
The Register breaking news

Maxtor gets 20GB 541DX off to OEMs

Maxtor has started shipping its 20GB 541DX hard drives to OEMs in volume. It claims the 5400 RPM Ultra ATA/100 hard drive offers a higher areal density than rival products. It is available in a single-head, single-platter configuration, and comes with 10GB, 15GB or 20GB of storage. It is also 38 per cent smaller than …
Linda Harrison, 05 Jun 2001

Your hard drives were RIDDLED with NSA SPYWARE for YEARS

The US National Security Agency (NSA) infected hard disk firmware with spyware in a campaign valued as highly as Stuxnet that dates back at least 14 years and possibly up to two decades – all according to an analysis by Kaspersky Labs. The campaign infected possibly tens of thousands of Windows computers in telecommunications …
Darren Pauli, 17 Feb 2015
The Register breaking news

Blimey! Maxtor buys Quantum HDD unit

The world's biggest hard disk drive company is to be created, through the takeover of Quantum's HDD business by Maxtor. Constructed as a merger, the all-share transaction will see Quantun's HDD stockholders receive 1.52 shares of Maxtor common stock for every one share they hold in Quantum. This values the deal at $2.3 billion …
Drew Cullen, 14 Oct 2000
fingers pointing at man

Falling margins, prices push Maxtor into the red

Maxtor fell back into the red during its third fiscal quarter, it admitted this week, after a brief foray into profitability during Q2. The hard drive maker reported revenues of $926m for the three months to 1 October 2005, only fractionally higher than Q2's $925m, and fractionally down on Q3 FY2004's $927m. Maxtor shipped …
Tony Smith, 27 Oct 2005
The Register breaking news

DiamondPlus is jewel in Maxtor's crown

Maxtor has released its latest high performance hard disk drive, named the DiamondPlus 40. The IDE 40.9GB drive is being marketed to appeal to multimedia users since its high spin speed (7200rpm) enables it to throw out large files, such as video clips, quickly. Mike Cannon, Maxtor's CEO, said the drive's speed would allow …
Kieren McCarthy, 10 Nov 1999
DVD it in many colours

Maxtor preps 320GB HDD

Maxtor has been a busy PR bunny on the launch front with three ginormous HDD announcements in the last week. Today, the hard drive maker announces the Maxtor MaXLine, a new enterprise-class ATA line with two unique selling points. First the HDD is huge, with a capacity of up to 320GB. And second it will be ultra-reliable - …
Drew Cullen, 30 Sep 2002
The Register breaking news

Maxtor intros monster drives

Maxtor this week began volume shipments of a very big, very fast hard drive (HDD) and announced a even bigger, and even faster HDD, supposedly the biggest and fastest drive the world has ever seen. (Actually, the company is claiming the world's biggest desktop drive - Seagate has a 180GB monster.) Shipping is the 80GB …
Drew Cullen, 13 Sep 2001
DVD it in many colours

Maxtor to axe more US jobs

Maxtor's recently announced decision to abandon its 2.5in notebook hard drive project helped keep the company in the red, to the tune of $70m (28 cents a share) during its fourth quarter. The three months to 25 December 2004 yielded revenue of $1.03bn, down 11.9 per cent on Q4 2003's $1.17bn . Expect more losses: the hard-drive …
Tony Smith, 04 Feb 2005
The Register breaking news

Maxtor goes large with external HDDs

Maxtor is inching its way into Iomega territory, by tripling the disk size for its Personal Storage 3000LE USB 2.0 external hard drive line. The latest 120GB model ships in the US 'in early February' and carries a manufacturer's suggested retail price (MSRP)of $299.95. You can buy it also online through MaxtorDirect. Maxtor is …
Drew Cullen, 05 Feb 2002
The Register breaking news

Maxtor in disk mounting spindle shake-up

Maxtor has abandoned the pursuit of ever-larger areal density and gone for a simpler design and increased reliability with its latest family of drives. And so it the company has added load/unload technology to the 531DX family of drives that began shipping yesterday. The line is the first from Maxtor to incorporate the …
Lucy Sherriff, 13 Feb 2001
Cat 5 cable

Maxtor to axe 400 workers

Hard drive maker Maxtor today announced that its second fiscal quarter results will be "extremely disappointing", with the company set to become a casualty of pricing warfare. In response, it is axeing 400-500 workers worldwide - up to 3.7 per cent of its 13,500 staff. Maxtor competitor Seagate has already announced the loss of …
Tony Smith, 02 Jul 2004
The Register breaking news

Maxtor shipments surge

Efficiency was the name of the Q4 game at Maxtor, with the disk-drive vendor grinding out an improved set of results on the back of improved inventory turns,and "better utilisation of assets". Shipments, up 23 per cent at 5.3 million units compared with Q4 1997, obviously did the company no harm either. This represents another …
A staffer, 26 Jan 1999
The Register breaking news

Maxtor goes volume with 100GB and 80GB drives

Maxtor is pushing away at the fat end of the hard disk market, saying its 100GB DiamondMax D536X and 80GB DiamondMax D540X are volume production. The DiamondMax D540X stacks two double-sided platters to achieve 80GB because Maxtor has managed to bump the data-storage of a two-sided drive platter from 20GB to 40GB. This …
Robert Blincoe, 18 Jun 2001
The Register breaking news

Maxtor sees loss for Q2

Hard drive maker Maxtor has announced its Q2 financials for the period ending 14 June. Turnover was $524.6 million, down on last Q2's $531.3 million. The company made a net loss of $30.9 million -– it made a profit of $5.4 million for last year's Q2. It had expected to make a loss of around $50 million for this quarter. ®
Team Register, 26 Jul 1999
The Register breaking news

Maxtor sheds 1,500 staff

Maxtor is to make up to 1,500 people redundant. The job cuts will hit plants in Singapore and the US, and comes on top of 570 pink slips issued in the wake of the firm's takeover of Quantum's HDD business this year. "The second quarter has been characterised by weaker than expected demand for hard drives, affecting inventory …
Drew Cullen, 22 Jun 2001
The Register breaking news

Maxtor go faster disks that aren't (any faster)

And what's this landing on our doorstep - a press release from Maxtor Europe trumpeting the shipment of Ultra ATA/100 drives. Dated June 6, the release arrived at The Register on June 15, showing a peculiar urgency on Maxtor's part. It's not as if Maxtor doesn't know how to jump the gun - in its release, the disk drive vendor …
Lucy Sherriff, 16 Jun 2000
The Register breaking news

Growth of Maxtor suggests Seagate takeover

Documents seen by The Register show that the HDD market, worldwide, is experiencing a huge shake-up. But Fujitsu is making inroads in Europe. The figures, commissioned by HDD companies but not yet released, show that the European PC market will only grow by 10 per cent this year. But more worryingly, Seagate's market share in …
Mike Magee, 08 Apr 1999
The Register breaking news

Maxtor keeps USB 2.0 faith with 40GB drive

Maxtor has kept the faith with USB 2.0 and started shipping the first 40GB external drive using the connectivity technology. The 3000LE drive operates at 5400RPM and is priced at £175.81. Microsoft has already blown hot and cold on USB 2.0 before finally deciding to include drivers for it in Windows XP. It's the IEEE 1394 …
Robert Blincoe, 24 Aug 2001
The Register breaking news

Hyundai to raise more Maxtor money

Reports in the Korean press said that Hyundai will hang onto its hard drive subsidiary Maxtor but will spin off other units to raise cash for an LG takeover. According to Hyundai, it is to seek a new rights issue on Wall Street this year but still wants to retain the hard drive company which it sees as having a future. Yesterday …
Mike Magee, 11 Jan 1999
The Register breaking news

Maxtor gets over hard time

Maxtor Corp delivered surprisingly upbeat financials for the third quarter, reporting net income of $6.1 million as opposed to a $31.4 million loss last time. Revenues were up 53 per cent to $599.7 million and shipments grew by 15 per cent to 4.3 million from the second quarter. The disk drive manufacturer is majority-owned by …
Janice McGinn, 29 Oct 1998
The Register breaking news

Maxtor tops up Diamond Max Line

Maxtor has topped out the capacities of its DiamondMax and DiamondMax VL lines, timing their launch to catch the Christmas buying season. The new DiamondMax 40 has up to 10.2GB per disk, for up to 40.9GB in a four-platter configuration. It has average seek time of under 9ms, a 2MB buffer incorporating a high-speed 100MHz SDRAM …
Lucy Sherriff, 08 Sep 1999
The Register breaking news

Maxtor and Western Digital in profit, Quantum isn't

The major hard drive players are all releasing their end-2000 financials, and they're a bit of a mixed bag. After 11 consecutive loss making quarters, Western Digital must have broken out the bubbly after reporting a profit for the quarter ending December 31. On revenues of $530.7 million, a profit of $1.8 million is not to be …
Lucy Sherriff, 26 Jan 2001
grey vulture logo

Maxtor plans 137GB+ hard drives

Maxtor today set out its stall in the heavy duty hard drive market, saying it planned to surpass the 137GB interface for ATA drives by the end of the year. The vendor has joined forces with other IT companies, such as Compaq, Microsoft, VIA Technologies, ONTRACK Data International and StorageSoft, to support the latest standard …
Linda Harrison, 29 Jun 2001
The Register breaking news

Hard drives get hard sell from Maxtor

Storage vendor Maxtor today asked system builders to stop thinking about storage solely as a capacity product if they want to cash in. Storage value was no longer measured in price per gigabyte, Jon Toor, director of product marketing at Maxtor, told the conference. Instead, assemblers needed to start thinking about what storage …
Linda Harrison, 24 Jun 1999

Maxtor thinks enterprise

Maxtor, the hard drive vendor, is moving upmarket with its first proper system for the enterprise storage market. The company first announced the MaxAttach NAS 6000 at Network Interop in Atlanta on September 11, the day of the New York atrocity. Understandably we missed this at the time, but we're here second time around, in …
Drew Cullen, 27 Sep 2001
ProphetStor Federator

FalconStor flyaways Chen and the Liu Tan clan uncloak new biz

FalconStor exiles have started up a storage federating business called ProphetStor and aim to get OpenStack cloud providers federating legacy arrays and commodity servers into virtualised pools of block storage that cost far less than traditional arrays. The ex-falcons hoping to fly again are Eric Chen, ProphetStor's founder and …
Chris Mellor, 02 Dec 2013
WD RE4 Enterprise disk drive

Skyera hires flashy Western Digital veep as chief architect

Flash array startup Skyera, which counts Western Digital among its investors, has recruited a WD flash product exec as its new chief architect. According to a story in the Sacramento Bee, Skyera recruited Andy Tomlin as its chief architect. Tomlin was WD's vice presidnt of SSD Development responsible for all firmware, software …
Chris Mellor, 15 May 2013
The Register breaking news

Maxtor champions 6 stream DVRs

Maxtor and Scientific Atlanta last week attracted column inches on their plans for the next generation of DVRs, due for release in about 18 months. But what exactly are they talking about when they boast of 6 stream technology? To date, pegging the price of DVRs and VCRs meant that they could feature a limited number of tuners …
Faultline, 01 Mar 2004
The Register breaking news

Seagate to lay off 6,000 workers

Seagate is now the proud owner of Maxtor, but it doesn't expect to have brought the two hard disk drive operations together until next year. In the meantime, it will rid itself of half of Maxtor's worldwide workforce of 12,000 employees. The remainder will largely be made up of Maxtor's Asia-Pacific manufacturing workers, …
Tony Smith, 23 May 2006